153 Mei Ling Street - 1 Units for Sale

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153 Mei Ling Street – PropertyGuru Market Pulse Insights

The development maintains a visible presence in recent property browsing across the Alexandra / Commonwealth area, drawing on 30 days of PropertyGuru search activity. This project remains part of the local consideration set for buyers exploring established residential options within this district.

Popular preferences: Tennis Court, Corner Unit, Balcony, Gym, Private Pool, Renovated, Maidsroom

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 365K
  • Avg PSF: S$ 507 psf (74.06% lower compared to Alexandra / Commonwealth average of S$ 1,954 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the primary focus for those looking at this project. With only a single listing currently available, the limited inventory represents a highly selective entry point into the district. The project is positioned at a significant discount relative to the broader Alexandra / Commonwealth average, offering a distinct value proposition for budget-conscious buyers. This supply-demand dynamic suggests that available units may attract steady attention from seekers prioritizing affordability in a central location.

Location & Lifestyle Highlights — 153 Mei Ling Street 700m (8 mins) to QUEENSTOWN MRT STATION — Direct access to the East-West Line makes commuting to the CBD or Jurong East incredibly straightforward. This address at 153 Mei Ling Street offers a practical and efficient lifestyle right in the heart of a mature estate. It is a location that balances quiet residential living with the convenience of having transport and daily essentials just a short walk away. Nearby hotspots: MRT Stations:

• QUEENSTOWN MRT STATION (700m, 8 mins) — A key transport node that connects residents quickly to major business hubs and city areas.

Bus Stops (31 within 1 km):

• BLK 153 (30m, 1 min) — Just steps from your front door for an easy daily commute around the neighborhood.
• BLK 158 (123m, 1-2 mins) — Additional bus services nearby that provide handy links to the wider Queenstown area.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 145 (CC) (398m, 4-5 mins) — Convenient early childhood education option located very close to home for young families.
• TRUE WAY PRESBYTERIAN KINDERGARTEN (490m, 5-6 mins) — A reputable local kindergarten within easy walking distance for parents.
• QUEENSTOWN PRIMARY SCHOOL (897m, 10-11 mins) — A well-established primary school nearby that serves the local community well.

Healthcare & Wellness:

• MEI CHIN ROAD FOOD CENTRE (129m, 1-2 mins) — While a food hub, its proximity ensures easy access to fresh meals and community wellness.
• QUEENSTOWN POLYCLINIC (762m, 9-10 mins) — Essential public healthcare services and medical consultations available within a short walk.

Shopping & Retail:

• FAIRPRICE (476m, 5-6 mins) — Your go-to spot for daily groceries and household necessities just a few minutes away.
• ANCHOR POINT (1071m, 12-13 mins) — A popular boutique mall offering a variety of retail brands and outlet shopping.
• QUEENSWAY TOWER (1038m, 12-13 mins) — Known for its sports retail specialty and local services, providing unique shopping options nearby.

Dining & Food:

• STIRLING SEAFOOD (671m, 8-9 mins) — A local favorite for quality seafood dining without having to travel far.
• OTOKO RAMEN (1015m, 12-13 mins) — Great spot for residents looking for specialized Japanese cuisine in the neighborhood.
• TOAST BOX (1023m, 12-13 mins) — Perfect for a quick traditional coffee or local breakfast on the weekends.

Highly attractive for: Young Couples, Urban Professionals, Investors

Market & Rental Insights

153 Mei Ling Street presents a unique market profile characterized by high rental yields despite a recent softening in capital values.

• PSF Appreciation:S$510 → S$498.5 over recent years (-2.25%) from 2023 - 2026.
• Expected Rental Yield: At 8.76%, this project offers a strong return for investors.
• Transactions:1 rental transaction in the last 6 months and 2 sale transactions in the last 12 months, indicating modest rental and sale activity.
• PG Pulse Insight: While PSF has seen a slight decline, the strong rental yield of 8.76% and modest transaction volume suggest 153 Mei Ling Street serves as a high-yielding income asset.

Published date: October 2, 2026